Tether has 'redistributed' $108.8M USDT from illicit activity since 2014
The most recent seizure of $5 million USDT from pig-butchering scams marks a “significant victory” in the ongoing fight against cyber fraud, according to Tether.
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Singapore central bank releases regulatory framework for stablecoins
The framework outlines requirements for stablecoin issuers to meet to be deemed as regulated by the Monetary Authority of Singapore. 399 Total views 6 Total shares Singapore's central bank has released a revised regulatory framework aimed at ensuring stability for single-currency stablecoins (SCS) regulated in the city-state.The Monetary Authority of Singapore announced the framework on…

Cosmos-based DEX Osmosis raises $21M from a consortium of investors
Osmosis joins investment firm Paradigm’s other DeFi portfolio members such as Maker, Synthetic, Uniswap, Optimism, FTX, Coinbase and BlockFi. 1015 Total views 25 Total shares Osmosis, a decentralized exchange, or DEX, on the Cosmos blockchain, raised $21 million dollars in a token sale led by VC fund Paradigm along with a consortium of investors that…

Former British Chancellor’s crypto firm Copper launches tokenized securities platform
Copper plans to use its arm in the United Arab Emirates, Copper Securities, to capitalize on the demand of institutional investors. 107 Total views 1 Total shares London-based crypto trading firm Copper plans to start offering tokenized securities early next year, according to reports on Nov. 29. Under the leadership of former British Chancellor Phillip

‘Monolithic’ blockchains outperformed in September — VanEck
Monolithic blockchain networks like Solana can theoretically process 65,000 transactions per second without using layer-2 scaling solutions.

UK government seeks public input on DeFi taxation
The HMRC is asking for input from investors, professionals and organizations involved in DeFi-related activities. 764 Total views 10 Total shares The government of the United Kingdom is asking the public for input on the taxation of crypto asset loans and staking in the context of decentralized finance (DeFi).DeFi is an umbrella term that refers…

IBM’s Blockchain Patents: From Food-Tracking and Shipping to IoT and Security Solutions
The adoption of blockchain technology is slowly taking shape across a multitude of industries. At the forefront of the amalgamation of payment systems and logistics is US tech giant International Business Machines Corporation (IBM), which has established itself as a leader in terms of blockchain-based products and offerings.The latest developments aim at the logistics sector…

Ransomware hackers shut down Argentina’s borders, demand $4M BTC
Officials shut down border checkpoints for 4 hours on Aug. 27. Government officials in Argentina are refusing to negotiate with a ransomware group that forced them to briefly close all immigration checkpoints on Aug. 27.According to a Sept. 6 report on Bleeping Computer, a group of Netwalker ransomware hackers breached Argentina's immigration agency, Dirección Nacional…

DeFi platforms Zapper and Aave announce Polygon sidechain integrations
Two DeFi heavyweights will be integrating the one-time Ethereum competitor 2898 Total views 19 Total shares As cripplingly high gas fees put scalability in the spotlight and multiple platforms rush to become the preferred home of Ethereum’s decentralized finance (DeFi) ecosystem, layer-two sidechain Polygon may be emerging as a frontrunner after scoring two big wins…